Royal Bank of Canada Has $18.59 Million Stock Position in STMicroelectronics N.V. $STM

Royal Bank of Canada raised its stake in shares of STMicroelectronics N.V. (NYSE:STM) by 25.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 846,263 shares of the semiconductor producer’s stock after purchasing an additional 170,274 shares during the quarter. Royal Bank of Canada owned 0.09% of STMicroelectronics worth $18,585,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Farther Finance Advisors LLC boosted its holdings in shares of STMicroelectronics by 139.6% in the 1st quarter. Farther Finance Advisors LLC now owns 1,862 shares of the semiconductor producer’s stock worth $41,000 after acquiring an additional 1,085 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of STMicroelectronics by 63.1% in the 1st quarter. Smartleaf Asset Management LLC now owns 2,167 shares of the semiconductor producer’s stock worth $48,000 after acquiring an additional 838 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in shares of STMicroelectronics by 396.4% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 3,197 shares of the semiconductor producer’s stock worth $70,000 after acquiring an additional 2,553 shares in the last quarter. SBI Securities Co. Ltd. boosted its holdings in shares of STMicroelectronics by 57.2% in the 1st quarter. SBI Securities Co. Ltd. now owns 3,322 shares of the semiconductor producer’s stock worth $73,000 after acquiring an additional 1,209 shares in the last quarter. Finally, Deutsche Bank AG lifted its holdings in STMicroelectronics by 14.5% during the 4th quarter. Deutsche Bank AG now owns 3,682 shares of the semiconductor producer’s stock worth $92,000 after buying an additional 466 shares in the last quarter. 5.05% of the stock is owned by institutional investors and hedge funds.

STMicroelectronics Stock Performance

Shares of STMicroelectronics stock opened at $25.94 on Wednesday. The firm has a fifty day moving average of $28.08 and a two-hundred day moving average of $25.89. The stock has a market capitalization of $23.30 billion, a price-to-earnings ratio of 37.59, a PEG ratio of 4.18 and a beta of 1.62. STMicroelectronics N.V. has a 52 week low of $17.25 and a 52 week high of $33.47. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.96 and a current ratio of 2.74.

STMicroelectronics (NYSE:STM) last issued its earnings results on Thursday, July 24th. The semiconductor producer reported $0.06 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.04). STMicroelectronics had a net margin of 5.49% and a return on equity of 4.55%. The business had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.71 billion. STMicroelectronics has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that STMicroelectronics N.V. will post 0.85 EPS for the current year.

Wall Street Analyst Weigh In

STM has been the topic of several research reports. Baird R W raised STMicroelectronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 22nd. TD Cowen reduced their price objective on STMicroelectronics from $34.00 to $27.00 and set a “hold” rating on the stock in a report on Friday, July 25th. Citigroup reaffirmed a “buy” rating on shares of STMicroelectronics in a report on Thursday, September 4th. Craig Hallum downgraded STMicroelectronics from a “buy” rating to a “hold” rating and set a $28.00 price objective on the stock. in a report on Thursday, July 24th. Finally, Robert W. Baird raised STMicroelectronics from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $23.00 to $50.00 in a report on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, STMicroelectronics has an average rating of “Moderate Buy” and a consensus price target of $32.06.

STMicroelectronics Company Profile

STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments.